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Food Lion 2003 Annual Report Download - page 79

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Forward-looking Statements

This document includes or incorporates by reference “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933,

as amended (“Securities Act”), Section 21E of the Securities and Exchange Act of 1934, as amended (“Exchange Act”), and the Private Securities

Litigation Reform Act of 1995 about Delhaize Group that are subject to risks and uncertainties. All statements included in this document, other than

statements of historical fact, which address activities, events or developments that Delhaize Group expects or anticipates will or may occur in the

future, including, without limitation, statements regarding expansion and growth of its business, anticipated store openings and renovations, future

capital expenditures, projected revenue growth or synergies resulting from the share exchange transaction with Delhaize America, and business

strategy, are forward-looking statements. These forward-looking statements generally can be identiﬁ ed as statements that include phrases such

as “believe”, “expect”, “anticipate”, “intend”, “plan”, “foresee”, “likely”, “will”, “should” or other similar words or phrases.

Although such statements are based on currently available operating, ﬁ nancial and competitive information, actual outcomes and results may

differ materially from those projected depending upon a variety of factors, including, but not limited to, changes in the general economy or in the

primary markets of Delhaize Group, changes in consumer spending, competitive factors, the nature and extent of continued consolidation in the

industry, changes in the rates of inﬂ ation or currency exchange rates, changes in foreign, state, regional or federal legislation or regulation, adverse

determination with respect to litigation or other claims, inability to develop new stores or to complete remodels as rapidly as planned, stability

of product costs and supply or quality control problems with vendors. This list of factors that may affect future performance and the accuracy of

forward-looking statements are illustrative, but by no means exhaustive. Accordingly, all forward-looking statements should be evaluated with the

understanding of their inherent uncertainty.

Delhaize Group’s Annual Report on Form 20-F for the ﬁ scal year ended December 31, 2002, ﬁ led with the U.S. Securities and Exchange Commission

on June 30, 2003, describes other important factors that could cause actual results to differ materially from expectations of Delhaize Group,

including the factors described under the heading entitled «Risk Factors» under Section B of Item 3 of the Form 20-F. All written and oral forward-

looking statements attributable to Delhaize Group or persons acting on behalf of Delhaize Group are expressly qualiﬁ ed in their entirety by such

factors.